Aqueous coating composition of an acrylic polymer having reactive sites and an epoxy resin

ABSTRACT

The aqueous coating composition of this invention is useful as a formable coating for the interior and exterior of cans and contains the following compatible mixture of film-forming constituents:

CROSS-REFERENCE TO RELATED APPLICATIONS

This application is a Continuation-In-Part of my application Ser. No. 482,723, filed Dec. 12, 1973, now U.S. Pat. No. 3,943,187.

BACKGROUND OF THE INVENTION

This invention is directed to a novel coating composition and in particular to a coating composition which forms flexible and ductile finishes on metal.

A current method for preparing cans utilized for packaging foodstuffs is to draw a flat aluminum or steel sheet into a low profile can body and then redraw this can into a deep can body by a second drawing step and optionally a bead is crimped on the open edge of the can. The can is then cleaned and a coating is sprayed on and baked. The cost of producing these cans can be substantially reduced by coating the aluminum or steel sheet before it is drawn with a flexible and ductile finish which will not fracture, crack or peel during the forming of the can. This eliminates the separate coating step after the can is formed. Currently, polyvinyl chloride coatings have been used as a formable finish on aluminum sheets. However, after forming the can and particularly after forming the bead, a large number of failures of the finish due to cracks and peeling of the finish have been noted; and also, the finish is not resistant to food staining such as staining with pumpkins, tomatoes, tomato soup or ketchup.

The novel composition of this invention which utilizes a blend of an acrylic polymer and an epoxy resin forms a finish which is ductile, and has good adhesion to the metal substrate and is resistant to food staining.

SUMMARY OF THE INVENTION

The aqueous coating composition contains as the film forming constituents a compatible mixture that consists essentially of:

(a) an acrylic polymer having at least two or more reactive sites per polymer chain that are either carboxyl, hydroxyl, epoxide, methylol, amide, amine or mixtures of any of the above, having a number average molecular weight above 10,000 and a glass transition temperature of -20° C. to +60° C.; and

(b) an epoxy resin having at least one epoxide group in combination with at least one hydroxyl group or epoxide group or combination thereof per polymer chain and having a number average molecular weight of 300 to 20,000;

wherein the film forming constituents in the fully cured state have a brittle ductile transition temperature of -40° C. to +20° C. measured at an elongation rate of 10% per minute.

DESCRIPTION OF THE INVENTION

The novel coating composition of this invention preferably has a 25-50% by weight solids content of film forming constituents. The composition can be pigmented with a variety of the well known pigments, in a pigment volume concentration of about 1-15%.

The film-forming constituents of the composition are as follows: 60-95% by weight of an acrylic polymer and correspondingly 5-40% by weight of an epoxy resin. Preferably, 70-80% by weight of the acrylic polymer is used with 20-30% by weight of the epoxy resin as the film-forming constituents of the novel composition.

The acrylic polymer has at least two or more reactive sites per polymer chain which can be either a carboxyl group, a hydroxyl group, an epoxide group, a methylol group, an amine group, an amide group or a mixture of two or more of these groups. The polymer has a number average molecular weight above 10,000 and usually has a number average molecular weight of 25,000-70,000. The molecular weight is determined according to gel permeation chromatography. The polymer has a glass transition temperature of -20° C. to + 60° C.

The acrylic polymer used in this invention is prepared by a conventional solution or emulsion polymerization technique. In a conventional solution polymerization process for preparing the acrylic polymer, the monomers, solvents and polymerization catalysts are charged into a conventional reaction vessel and heated to about 75-150° C. for about 2-6 hours to form a polymer that has the aforementioned molecular weight.

Typical polymerization catalysts that are used are ditertiary butyl peroxide, tertiary butyl perbenzoate, benzoyl peroxide and the like.

An aqueous dispersion or a hydrosol can be prepared by polymerizing the acrylic polymer in water miscible solvents and then adding a sufficient amount of basic compound such as an amine to the polymer so that the polymer is dispersed when water is added to invert the composition into an aqueous dispersion. Suitable solvents are used in the polymerization are later added so that the epoxy resin will also be inverted into an aqueous dispersion or hydrosol.

The acrylic polymer can also be prepared by a conventional emulsion polymerization technique in which the monomers are charged into an aqueous medium along with the polymerization catalysts such as ammonium persulfate, hydrogen peroxide and the like with or without a reducing agent such as ferrous sulfate. The reaction mixture is heated to a temperature of about 60°-95° C. for about 2 to 4 hours to form the emulsion.

The constituents of the acrylic polymer are chosen so that the acrylic polymer has a glass transition temperature of -20° C. to +60° C. determined by differential thermal analysis. Also, the acrylic polymer is chosen so that the resulting product will have a brittle ductile transition temperature of -40° C. to +20° C.

The brittle ductile transition is the temperature at which the elongation at break of a strip of free film of the fully cured coating composition about 2.0-4.0 mils thick increases rapidly with temperature and is determined on an Instron testing machine using an elongation rate of 10% per minute.

It is necessary that the novel coating composition in its fully cured state has a brittle ductile transition temperature within the aforementioned range so that the finish will not crack or peel under the severe forming conditions utilized to prepare a deepdrawn steel or aluminum can.

The acrylic polymer generally is comprised of hard segments, soft segments and reactive constituents which will provide the aforementioned reactive sites to the polymer chain.

One typical acrylic polymer contains the following constituents:

10-50% by weight of styrene, methyl styrene, methylmethacrylate or acrylonitrile;

40-89.5% by weight of an alkyl acrylate having 1-18 carbon atoms in the alkyl group or an alkyl methacrylate having 2-18 carbon atoms in the alkyl group, and

0.5-10% by weight of an unsaturated carboxylic acid.

Typical alkyl acrylates and alkyl methacrylates that can be used to prepare the acrylic polymer are as follows: methyl acrylate, ethyl acrylate, propyl acrylate, isopropylacrylate, butyl acrylate, isobutyl acrylate, pentyl acrylate, hexyl acrylate, 2-ethylhexyl acrylate, nonylacrylate, decyl acrylate, lauryl acrylate, stearyl acrylate and the like; ethyl methacrylate, propyl methacrylate, isopropyl methacrylate, butyl methacrylate, isobutyl methacrylate, hexyl methacrylate, 2-ethylhexyl mechacrylate, nonyl methacrylate, decyl methacrylate, and lauryl methacrylate, stearyl methacrylate and the like.

Typical acids that are useful to prepare the acrylic polymer are acrylic acid, methacrylic acid, maleic acid, itaconic acid, and the like. Preferred are acrylic acid and methacrylic acid.

One particularly useful acrylic polymer is of the following composition:

30-40% by weight of methyl methacrylate,

50-65% by weight of ethyl acrylate, and

5-10% by weight of acrylic acid.

Another particularly useful acrylic polymer comprises the following constituents:

10-50% by weight of styrene, methyl styrene, methylmethacrylate, or acrylonitrile;

30-88.5% by weight of an alkyl methacrylate having 2-18 carbon atoms in the alkyl group or an alkyl acrylate having 1-18 carbon atoms in the alkyl group;

1-10% by weight of an alkoxymethyl acrylamide or an alkoxymethyl methacrylamide;

0.5-10% by weight of an unsaturated carboxylic acid.

The aforementioned alkyl acrylates and methacrylates and unsaturated carboxylic acids are utilized to prepare the above polymer. Typical alkoxymethyl acrylamide and alkoxymethyl methacrylamide monomers are as follows: butoxymethyl acrylamide, butoxymethyl methacrylamide, isobutoxymethyl amide and isobutoxymethyl methacrylamide.

One particularly useful acrylic polymer of this type which forms a high quality composition comprises the following constituents:

10-25% by weight of styrene;

65-87.5% by weight of alkyl acrylate having 2-4 carbon atoms in the alkyl group;

2-7% by weight of butoxymethyl acrylamide and

0.5-3% by weight of acrylic acid or methacrylic acid.

The following are other monomers which can be used with styrene, methyl styrene, acrylonitrile, and the alkyl acrylates and alkyl methacrylates to form the acrylic polymer having the reactive sites: hydroxyl ethyl acrylate, hydroxy propyl acrylate, hydroxy butyl acrylate, hydroxy ethyl methacrylate, hydroxy propyl methacrylate, hydroxy butyl methacrylate, glycidyl acrylate, glycidyl methacrylate, aminoethyl acrylate, aminoethyl methacrylate, acrylamide, methacrylamide, methylol acrylamide, and methylol methacrylamide.

The epoxy resin utilized in a novel coating composition of this invention has at least one epoxide group with at least one hydroxyl group or epoxide group or combination thereof per polymer chain and has a number average molecular weight of 300 to 20,000. Preferably, the epoxy resin has a structure ##STR1## wherein R is an alkylene group having 1-4 carbon atoms and n is an integer sufficiently large to provide a polymer having the above molecular weight.

The epoxy resins are preferably prepared by reacting epichlorohydrin and the bisphenol such as bisphenol A or bisphenol F to form epoxy resin with the desired molecular weight. Preferably, an epoxy resin is utilized in which R is a methylene group or an isopropylidene group. Preferred epoxy resins of this type have an epoxide equivalent of 875-2500. The epoxide equivalent is the grams of resins containing 1 gram equivalent of epoxide. Typically preferred resins are "Epon" 1004 and "Epon" 1007.

To prepare the novel composition or reduce the novel composition to an application viscosity, water miscible solvents such as acetone, butanol, ethanol, propanol, ethylene glycol monoethyl ether and the like are used. Water can also be used.

To form the aqueous dispersion or a hydrosol, sufficient basic compound is added to the acrylic polymer to disperse the polymer in water and provide a pH of about 5-10. Generally, a pH of about 6.5-8.5 is used. An acrylic polymer having a high acid content can be made water-soluble by the addition of the basic compound. Storage stability can also be improved by the addition of basic compounds.

Typically useful basic componds are ammonia, primary amines, secondary amines, tertiary amines, hydroxyl amines, alkanolamines and the like. Typical compounds are monoethanolamine, methylethanolamine, methyldiethanolamine, diisopropanolamine, butanolamine, diethylaminoethanol, dimethylethanolamine, triethylamine, triisopropanolamine, hexanolamine, octylamine, ethylenediamine, diethylenetriamine, triethylenetetramine, hexamethylenetetraamine, tetraethylenediamine and the like. Preferred are diethylaminoethanol, dimethylethanolamine and triethylamine.

The following are examples of the many types of pigments that can be utilized in the novel coating composition of this invention: titanium dioxide, iron oxide, metal hydroxides, metal flakes, metal powders, sulfates, carbonates, carbon black, silica, talc, phthalocyanines and other organic and inorganic pigments.

Extender pigments in a 2-8% pigment volume concentration can be used such as diatomaceous earth, silica, mica and talc to improve blocking resistance of the resulting finish and to provide a flattened nonglossy finish.

Under some conditions it may be desirable to add up to 5% by weight of a phenolic or aminoplast resin such as a phenol formaldehyde resin, an alkylated melamine formaldehyde resin having 1-4 carbon atoms in the alkyl group, a urea formaldehyde resin a resorcinol formaldehyde resin or a benzoguanamine formaldehyde resin. Typical alkylated melamine formaldehyde resins are hexakis(methoxymethyl)melamine, butylated melamine formaldehyde resins, partially methylated melamine formaldehyde resins and the like.

The novel composition can be applied to a variety of substrates such as glass, plastics, metals such as aluminum, steel and the like by the usual methods such as spraying, electrostatic spraying, electrocoating, roller coating, dipping, brushing, flow coating, coil coating and the like. The coating is then baked according to conventional procedures.

Typical baking conditions are 150° to 370° C. for 5 seconds to 45 minutes to form a film about 0.2 to 2.0 mils thick. Preferably, the composition is baked at 175° to 220° C. for 5 to 25 minutes. In coil coating, accelerated baking conditions are used of 235 to 290° C. for 10 to 60 seconds. For cans a coating thickness of about 0.3-0.5 mil is used.

The resulting finish has excellent elongation and forming characteristics and has good resistance to food staining and is particularly well suited as an exterior and an interior formable can coating. These characteristics also make the novel composition useful as a finish for formable metal parts such as used in appliances, automobiles and trucks.

The following examples illustrate the invention. The parts and percentages are by weight unless otherwise specified.

EXAMPLE 1

An acrylic polymer is prepared as follows:

    ______________________________________                                                               Parts By                                                                       Weight                                                   ______________________________________                                         Methyl methacrylate monomer                                                                            228.0                                                  Ethyl acrylate monomer  336.0                                                  Acrylic acid monomer    36.0                                                   Benzoyl peroxide        1.8                                                    Isopropanol             77.0                                                   Ethylene glycol monoethyl ether                                                ______________________________________                                          180.0                                                                         Total                   858.8                                                  ______________________________________                                    

The above ingredients are charged into a mixing vessel and then premixed. About 1/4 of the premix is placed in a reaction vessel equipped with a stirrer, a reflux condenser, a thermometer, a nitrogen inlet and an addition funnel. The ingredients are blanketed with nitrogen throughout the entire reaction. The ingredients are heated to a slow reflux temperature of about 105° C. and then the remainder of the ingredients are slowly added over a two-hour period while maintaining the above reflux temperature. The reaction mixture is held at its reflux temperature for an additional 1 hour and then cooled to room temperature. The resulting polymer solution has a solids content of about 70.3% and the apparent conversion is about 100% to a polymer of methyl methacrylate/ethyl acrylate/acrylic acid having a weight ratio of 38/56/6. The polymer has a weight average molecular weight of about 84,000 and a number average molecular weight of about 29,000, determined by gel permeation chromatography. The polymer has a viscosity at 104° C. using a Brookfield Viscometer at 20 RPM of 1,605 centipoises, at 50 RPM 1,650 centipoises and at 100 RPM 1,676 centipoises. The polymer has a glass transition temperature of 16° C.

An acrylic/epoxy resin hydrosol is prepared as follows:

    ______________________________________                                                             Parts By                                                                       Weight                                                     ______________________________________                                         Acrylic polymer solution                                                        (prepared above)     660.0                                                    Epoxy resin(Epon 1004*)                                                                              60.5                                                     Diethylaminoethanol   27.3                                                     Water                 1009.8                                                   TOTAL                 1757.6                                                   ______________________________________                                          *Epon 1004 - epoxy resin of the formula                                        ##STR2##                                                                       ##STR3##                                                                       ##STR4##                                                                       having a Gardner Holdt viscosity of Q-U measured at 40% weight solids in       diethylene glycol monoethylether at 25° C. and an epoxide               equivalent of 875-/1000, wherein the epoxide equivalent is the grams of        resin containing 1 gram equivalent of epoxide.                           

The acrylic polymer solution is heated to a slow reflux temperature of about 105° C. and then the amine is added with constant agitation. The solid epoxy resin is next added to the batch and the mixture is held at its reflux temperature about 15 minutes. The heat is then turned off and water is added to the reaction mixture over a 60-minute period to invert the composition to a hydrosol. The resulting hydrosol has a solids content of about 30%, an acrylic/epoxy ratio of 88.5/11.5, a pH (60% neutralization of acrylic acid) of 7.6 and a viscosity at room temperature measured on a Brookfield Viscometer at 20 RPM of 116 centipoises, at 50 RPM of 128 centipoises, at 100 RPM of 160 centipoises. The composition has an organic solvent content of about 11%.

A mill base is prepared as follows:

    ______________________________________                                                              Parts by                                                                       Weight                                                    ______________________________________                                         Acrylic/epoxy resin hydrosol                                                                          150.0                                                    (prepared above)                                                              Titanium dioxide pigment                                                                              225.0                                                   Ethylene glycol monobutyl ether                                                                       7.5                                                     Water                  67.5                                                    TOTAL                  450.0                                                   ______________________________________                                    

The above ingredients are charged into a ceramic ball mill and milled for about 16 hours to provide a mill base having a pigment to binder ratio of 5/1, and a resin content of 10% and a pigment content of 50%.

A pigmented hydrosol composition is prepared as follows:

    ______________________________________                                                              Parts By                                                                       Weight                                                    ______________________________________                                         Acrylic/Epoxy resin hydrosol                                                    (prepared above)      648.4                                                   Mill base (prepared above)                                                                            133.0                                                   Total                  781.4                                                   ______________________________________                                    

The above ingredients are thoroughly blended together to provide a composition that has a solids content of about 35%, a resin content of 26.6%, a pigment to binder ratio of about 32/100 and a pH of 7.8. The viscosity of the composition at room temperature measured on a Brookfield Viscometer at 20 RPM is 100 centipoises, at 50 RPM is 116 centipoises and at 100 RPM is 152 centipoises.

The brittle ductile transition temperature of the composition is -15° C. The brittle ductile transition temperature of the composition is determined on a free film about 0.3 mil thick of the composition which is prepared by drawing down the composition on a glass plate and baking the composition at about 290° C. for 30 seconds, and then the resulting film is stripped off. The film is annealed in a low temperature oven and then samples are cut from the film and the elongation at break of the samples is determined on an Instron testing machine at an elongation rate of 10% per minute. The temperature at which the elongation at break increases exponentially is the brittle ductile transition temperature.

The above composition is drawn down onto both sides of 5050H19 aluminum panels of various sizes and then baked at 290° C. for about 25 to 35 seconds to form a finish about 0.3-0.4 mil thick. The following tests were conducted on the coated panels:

Formability Test -- Circular blanks of the above coated aluminum panel 82 millimeters in diameter are prepared. The blank is first drawn into a shallow cup resulting in a 45% diameter reduction; next the cup is redrawn into a deep can at an additional 20% diameter reduction; third the cup is drawn into a deeper can with a 22% diameter reduction. After each of the drawing steps, an acidified copper sulfate solution is placed into the can to stain any cracks or cuts in the finish. No cracks, cuts or loss of adhesion are noted in the finish after any of the drawing steps.

After the can is formed, the upper one-fifth of the can is cut off and flattened and bent through a 1 1/2 T so that the bend axis is in the circumferential direction and the interior coating is elongated, and the coating is examined for cracks as above and another portion of the can is bent through a 2 T bend and the coating is examined for cracks. No cracks in the coating are noted.

Process/Product Resistance Test -- The above prepared 2" × 4" coated aluminum panels are placed in 150 milliliter size beakers, one panel per beaker which is filled to the 110 milliliter mark with distilled water, another with pumpkin pulp and another with tomato soup, which has a pH of about 4.4. The beakers are placed inside a four-quart cast aluminum pressure cooker on top of a perforated cooking plate. The bottom of the pressure cooker is filled with distilled water to the top of the cooking plate and the pressure cooker is securely closed, then heated until steam emerges continuously from the vent. The pressure regulator is then placed on the vessel and the cooking time is started the instant the pressure regulator indicates 15 pounds per square inch. After the end of the 60 minute cooking time, the pressure cooker is quenched with cool water. Cooking conditions are maintained at 120° C. and 15 pounds per square inch gauge pressure throughout the cooking process. The panels are than removed and the coating is examined on each panel for staining, adhesion, blistering and blushing. No staining of the coating is noted; the coating has excellent adhesion to the metal substrate, and no blistering or blushing of the coated panel is noted. EXAMPLE 2

An acrylic/epoxy resin polymer solution is prepared as follows:

    ______________________________________                                                             Parts by                                                                       Weight                                                     ______________________________________                                         Methyl methacrylate monomer                                                                          210.0                                                    Ethyl acrylate monomer                                                                               342.0                                                    Acrylic acid monomer  48.0                                                     Benzoyl peroxide      2.4                                                      Isopropanol           78.0                                                     Ethylene glycol monoethyl ether                                                                      178.0                                                    Epoxy resin (Epon 1007*)                                                                             112.4                                                    Diethylaminoethanol   4.0                                                      TOTAL                 974.8                                                    ______________________________________                                          *Epon 1007 resin (epoxy resin having the general formula as described in       Example 1 and having a Gardner Holdt viscosity of Y-Z measured as              described in Example 1 and an epoxide equivalent of 2000-2500).          

The above-ingredients are premixed, taking particular care to dissolve the epoxy resin. About 1/4 of the above premixed ingredients are charged into a reaction vessel equipped as in Example 1 and heated to a slow reflux temperature of about 105° C. under a blanket of nitrogen. The remainder of the premixed ingredients is slowly added over a 2-hour period while maintaining the above reflux temperature. The following ingredients are than blended together:

    ______________________________________                                                             Parts by                                                                       Weight                                                     ______________________________________                                         Benzoyl peroxide       0.6                                                     Isopropanol            10.0                                                    Ethylene glycol monoethyl ether                                                                       10.0                                                    Total                  26.6                                                    ______________________________________                                    

The above ingredients are premixed and slowly added to the reaction mixture over a 30 minute period while maintaining the above reflux temperature and the reaction mixture is maintained at its reflux temperature for an additional 30 minutes.

The resulting polymer solution contains the acrylic resin to epoxy resin in a weight ratio of 84.2 to 15.8 in which the acrylic polymer is of methyl methacrylate/ethyl acrylate/acrylic acid in a weight ratio of 35/57/8. The resulting polymer has a number average molecular weight of about 28,000 and a weight average molecular weight of about 107,000 and a glass transition temperature of 140° C. The viscosity of the composition measured at 98° C. using a Brookfield Viscometer at 20 RPM is 13,600 centipoises, at 50 RPM 13,100 centipoises and at 100 RPM 10,100 centipoises.

The above composition is converted into an acrylic/epoxy hydrosol as follows:

    ______________________________________                                                              Parts by                                                                       Weight                                                    ______________________________________                                         Acrylic/Epoxy resin polymer solution                                                                  580.0                                                    (prepared above)                                                              Diethylaminoethanol    32.4                                                    Water                  771.3                                                   TOTAL                  1383.7                                                  ______________________________________                                    

The acrylic/epoxy solution is heated to 110° C. and the heat is removed and the amine is added. Then the water is added over a 60-minute period with vigorous agitation. The resulting composition has a 30% solids content, an acrylic/epoxy ratio of 84.22/15.78, an organic solvent content of 11.8%, a diethylaminoethanol content of 2.3%, a pH of 7.4 and a viscosity measured at room temperature using Brookfield Viscometer at 10 RPM of 3,300 centipoises, at 20 RPM, 3,250 centipoises, 50 RPM, 3,200 centipoises and 100 RPM of 3,050 centipoises.

A mill base is prepared as follows:

    ______________________________________                                                              Parts by                                                                       Weight                                                    ______________________________________                                         Acrylic/Epoxy hydrosol 150.0                                                    (prepared above)                                                              Titanium dioxide pigment                                                                              225.0                                                   Ethylene glycol monobutyl ether                                                                       7.5                                                     Water                  67.5                                                    TOTAL                  450.0                                                   ______________________________________                                    

The above ingredients are charged into a ceramic ball mill and milled for 41/2 hours to form a mill base.

A pigmented composition is prepared as follows:

    ______________________________________                                                              Parts by                                                                       Weight                                                    ______________________________________                                         Acrylic/Epoxy hydrosol 500.0                                                    (prepared above)                                                              Mill base (prepared above)                                                                            102.6                                                   Water                  38.6                                                    TOTAL                  641.2                                                   ______________________________________                                    

The above ingredients are thoroughly blended together to form the pigmented coating composition. The resulting composition has a total solids of 33.0%, a resins solids of 25%, a pigment content of 8%, a pigment to binder ratio of 32/100, a pH of 7.5 and a viscosity measured at room temperature using a Brookfield Viscometer at 10 RPM of 246 centipoises, at 20 RPM of 232 centipoises, at 50 RPM of 230 centipoises and at 100 RPM of 235 centipoises.

The composition has a brittle ductile transition temperature of -12° C. determined as in Example 1.

The above composition is drawn down onto both sides of 5050H19 10 mil aluminum panels with a wire wound rod and baked at 290° C. for 25 to 35 seconds to form a finish of 0.3-0.4 mil thick. The finish is tested as in Example 1.

The finish exhibits no cracks, cuts or loss of adhesion after being drawn into a can and no cracks or cuts are noted in the T bend tests.

The finish is not stained after exposure to tomato soup or pumpkin pulp and the finish has excellent adhesion to the substrate with no blistering or blushing of the finish being noted. 

The invention claimed is:
 1. An aqueous coating composition consisting essentially of about 25-50% by weight of film-forming constituents dispersed in an aqueous medium; wherein the film-forming constituents are a compatible mixture consisting essentially of(a) 60-95% by weight of an acrylic polymer of hard and soft segments having a number average molecular weight above 10,000 determined according to gel permeation chromatography and a glass transition temperature of -20° C. to +60° C.; and wherein the acrylic polymer consists essentially of polymerized units of10-50% by weight of styrene, methyl styrene, methyl methacrylate or acrylonitrile, 40-89.5% by weight of an alkyl acrylate having 1-18 carbon atoms in the alkyl group or an alkyl methacrylate having 2-18 carbon atoms in the alkyl group, 0.5-10% by weight of an unsaturated carboxylic acid; and (b) 5-40% by weight of an epoxy resin having at least one terminal vic epoxide group in combination with at least one hydroxyl group or epoxide group or mixture thereof per polymer chain and having a number average molecular weight of 300 to 20,000 determined as above; wherein the composition contains sufficient basic compound to have a pH of about 5-10 and wherein the film-forming constituents in the fully cured state have a brittle ductile transition temperature of -40° C. to +20° C. measured at an elongation rate of 10% per minute on an Instron testing machine using a free film about 2-4 mils of the fully cured coating composition.
 2. The coating composition of claim 1 containing pigment.
 3. The coating composition of claim 1 in which the acrylic polymer has a number average molecular weight of about 25,000 to 70,000.
 4. The coating composition of claim 3 in which the acrylic polymer consists essentially of polymerized units of about30-40% by weight of methyl methacrylate, 50-65% by weight of ethyl acrylate, 5-10% by weight of acrylic acid.
 5. The coating composition of claim 3 in which the epoxy resin has the structure ##STR5## where R is an alkylene group having 1-4 carbon atoms, n is an integer sufficiently large to provide a polymer having a number average molecular weight of 300 to 20,000.
 6. An aqueous coating composition consisting essentially of about 25-50% by weight of film-forming constituents dispersed in an aqueous medium; wherein the film-forming constituents are a compatible mixture consisting essentially of(a) 60-95% by weight of an acrylic polymer of hard and soft segments having a number average molecular weight above 10,000 determined according to gel permeation chromatography and a glass transition temperature of -20° C. to +60° C., and wherein the acrylic polymer consists essentially of polymerized units of10-50% by weight of styrene, methyl styrene, methyl methacrylate or acrylonitrile, 30-88.5% by weight of an alkyl methacrylate having 2-18 carbon atoms in the alkyl group or an alkyl acrylate having 1-18 carbon atoms in the alkyl group, 1-10% by weight of alkoxymethyl acrylamide or alkoxymethyl methacrylamide, 0.5-10% by weight of an unsaturated carboxylic acid; and (b) 5-40% by weight of an epoxy resin having at least one terminal vic epoxide group in combination with at least one hydroxyl group or epoxide group or mixture thereof per polymer chain and having a number average molecular weight of 300 to 20,000 determined as above;wherein the composition contains sufficient basic compound to have a pH of about 5-10 and wherein the film-forming constituents in the fully cured state have a brittle ductile transition temperature of -40° C. to +20° C. measured at an elongation rate of 10% per minute on an Instron testing machine using a free film about 2-4 mils of the fully cured coating composition.
 7. The coating composition of claim 6 in which the acrylic polymer consists essentially of polymerized units of10-25% by weight of styrene, 65-87.5% by weight of an alkyl acrylate having 2-4 carbon atoms in the alkyl group; 2-7% by weight of butoxymethyl acrylamide, 0.5-3% by weight of acrylic acid of methacrylic acid.
 8. The coating composition of claim 1 having a pH of about 6.5-8.5 in which the film-forming constituents consist essentially of (a) 70-80% by weight, based on the weight of the film-forming constituents of an acrylic polymer consisting essentially of polymerized units of about30-40% by weight of methyl methacrylate, 50-65% by weight of ethyl acrylate, 5-10% by weight of acrylic acid; (b) 20-30% by weight, based on the weight of the film-forming constituents, of an epoxy resin of the formula ##STR6## where n is a positive integer sufficiently large to provide a number average molecular weight of 1 300 to 20,000 and having an epoxide equivalent of 875-2500 and wherein wherein the basic compound is diethyl aminoethanol. 